Asset Management

Plackett's retirement from BlackRock prompts review of top-rated fund

Co-manager of £1.3 billion UK Special Situations fund to step down from frontline management in September

Plackett's retirement from BlackRock prompts review of top-rated fund

Mutual fund analysis firm Morningstar has put BlackRock's top-rated UK Special Situations fund under review following the news on Wednesday morning that Richard Plackett, the firm's head of UK small and mid-cap stocks who has managed the fund since 2004, is to retire.

Morningstar currently rates the fund "Gold", the top notch in its five-point scale.

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